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Raffles City Singapore remains jointly owned by CCT, CMT

CapitaLand has issued a clarification that the entire Raffles City Singapore - which includes a shopping mall, an office tower, two hotels and a convention centre - is jointly owned by CapitaLand Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) in the proportions of 60 per cent and 40 per cent respectively.

PHOTO: BLOOMBERG

Singapore

CAPITALAND has issued a clarification that the entire Raffles City Singapore - which includes a shopping mall, an office tower, two hotels and a convention centre - is jointly owned by CapitaLand Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) in the proportions of 60 per